The country’s two giants, Bakyrchik mining enterprise and Sary Arka Copper Processing, are set to reach full production capacity. “The advanced mining enterprise using the latest equipment and technologies is set to produce 10 tons of gold concentrate an average per year. Realization of the project will let excavate gold ore within nine years and…
Russia’s gold production rose by around 3.4% YoY, to 243.06 tons in January-September, the Union of Gold Producers of Russia said on December 11 in a statement. Mined gold production increased by 3.4%, to 194.857 tons, while by-product gold production fell by 12.8%, to 11.689 tons, gold scrap production went down by 3.8%, to 25.103…
Vismut has postponed the construction of a mining and processing works at the gold-ore deposit of Zheleznyi Kryazh in Zabaikalye region to 2019. The company intended to start constructing the GOK in late 2018. The reasons of the delay are not disclosed. At the same time, the company retains the license and is not planning…
Sudan intends to allocate Belarus the second plot for gold mining near the Nile, Belarusian Natural Resources and Environmental Protection Minister Andrei Khudyk declared ahead of the Belarusian-Sudanese summit talks in Minsk. “The site is located closer to the Nile River, and, according to the preliminary estimates, might be gold-bearing especially given the close proximity…
In January-November Susumanzoloto extracted 5603.4 kg of gold with the plan being 5257 kg. The group enterprises are developing ore and alluvial gold sites in Magadan region and the Republic of Sakha (Yakutia). In particular, Drazhnik LLC yielded 1803.6 kg of gold, Chay-Urya zoloto LLC – 852.1 kg, Itkana LLC – 560.1 kg, Astra LLC…
Petropavlovsk has put into operation the processing of gold-containing concentrate at its first autoclave. As of early December 320 tons have been processed. The extraction is 93%, not much below the targeted 98%. The manufacture of gold from refractory ore, according to the company, will start in Q1 2019. The second autoclave is being commissioned,…
Societe Generale has issued a $100-million prepayment to the Russian gold producer GV Gold for gold supplies, the company said in a statement on December 6. Under the deal, GV Gold receives the full sum, and will supply about 3,000 ounces, or 93.3 kilograms of gold per month in the next three years. Payment for…
Employees of Eti Bakir Tereksai left their working places and do not go to work because of the provocation of individuals, Company CEO Mahir Tezdzhan reported. According to him, earlier law enforcement agencies detained 14 residents of Terek-Sai village for beating up company employees. On December 2 local residents held a rally demanding the release…